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Laboratory SaaS provider Labforward closes Series-B
Labforward has closed a new financing round. The laboratory equipment manufacturers Tecan and 2mag as well as existing investor Peppermint Venture Partners are investing more than € 5 million in the laboratory software company with headquarters in Berlin. Laboratories face the challenge of having ...
In comparison with the year-earlier quarter, Group net sales increased by 9.7% to € 4.4 billion
Merck grew significantly in the third quarter. In comparison with the year-earlier quarter, Group net sales increased by 9.7% to € 4.4 billion. The increase was primarily due to double-digit percentage organic growth in the Life Science business sector and acquisition-related increases in the ...
Key Financial Data: Third Quarter 2020
Despite the persistently challenging macroeconomic environment, Evonik continues to manage well in the crisis. In the third quarter, the company achieved adjusted EBITDA of €519 million, down just 4 percent from the same quarter of the previous year. Sales amounted to €2.92 billion, compared with ...
Group sales decrease by 5.1 percent (Fx & portfolio adj.) to 8.506 billion euros
Bayer has confirmed its targets for full-year 2020 following a challenging third quarter due to seasonal factors. “Despite the weak quarter and the substantial impact of the pandemic, our currency- and portfolio-adjusted sales and core earnings per share in the first nine months of the year were ...
Mainly driven by good business development in September
In an environment that continues to be shaped by the global economic impact of the coronavirus pandemic, BASF Group’s income from operations (EBIT) before special items rose considerably compared with the previous quarter: At €581million in the third quarter of 2020, it was €355million higher ...
Grandperspective secures seed financing
Over 30% of major leaks of toxic of flammable industrial gases remain undetected by gas sensors. Grandperspective develops with the scanfeldTM world’s first early warning solution monitoring entire chemical parks for gas leaks. The High-Tech Gründerfond (HTGF) finances this innovation in ...
Positive development of the Lab Products & Services Division
Sartorius closed the first nine months of 2020 with significant double-digit growth rates in sales revenue and earnings. “In the third quarter, we saw high demand for nearly our entire product range,” said Joachim Kreuzburg, CEO. “On top of overall strong organic growth, additional momentum was ...
From today’s perspective targeted smaller to medium-sized acquisitions after 2022 more likely than major transformative deals
Merck expects to deliver continued profitable growth in the coming years despite a challenging market environment. Today at its virtual Capital Markets Day, the company presented to analysts and investors the progress made in realizing the growth and expansion phase of its strategy for the period ...
Learning from each other for the environment
Challenges like climate change and dwindling natural resources require permanent, global innovations. However, to be able to make the greatest impact, these solutions must also be adjusted for local conditions. That is why the University of Freiburg and the Solar Energy Foundation (Stiftung ...
Consumer Protection benefits from strong demand for agrochemicals and disinfectants
LANXESS is continuing to weather the crisis well and is confirming its forecast for the full year. The specialty chemicals company still anticipates EBITDA pre exceptionals of between EUR800 million and EUR900 million for 2020. In the second quarter of 2020, LANXESS recorded a significant ...